Carderock Capital Management Inc. Sells 1,364 Shares of Monolithic Power Systems, Inc. $MPWR

Carderock Capital Management Inc. lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 10,301 shares of the semiconductor company’s stock after selling 1,364 shares during the quarter. Monolithic Power Systems comprises approximately 3.1% of Carderock Capital Management Inc.’s holdings, making the stock its 7th largest holding. Carderock Capital Management Inc.’s holdings in Monolithic Power Systems were worth $14,240,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock valued at $376,000 after buying an additional 200 shares in the last quarter. Empowered Funds LLC increased its position in shares of Monolithic Power Systems by 3.1% in the first quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company’s stock worth $3,088,000 after acquiring an additional 161 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Monolithic Power Systems by 3.5% in the second quarter. NewEdge Advisors LLC now owns 9,383 shares of the semiconductor company’s stock worth $6,863,000 after acquiring an additional 314 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Monolithic Power Systems by 35.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 35,789 shares of the semiconductor company’s stock valued at $26,175,000 after acquiring an additional 9,315 shares during the period. Finally, Globeflex Capital L P purchased a new position in shares of Monolithic Power Systems in the 2nd quarter valued at $347,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Trading Down 0.7%

NASDAQ MPWR opened at $1,335.03 on Wednesday. The company’s fifty day simple moving average is $1,429.11 and its 200-day simple moving average is $1,321.74. Monolithic Power Systems, Inc. has a 52 week low of $774.14 and a 52 week high of $1,714.09. The stock has a market cap of $65.59 billion, a P/E ratio of 81.85 and a beta of 1.69.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, July 30th. The semiconductor company reported $6.50 earnings per share for the quarter, beating the consensus estimate of $5.87 by $0.63. The business had revenue of $980.64 million during the quarter, compared to the consensus estimate of $903.30 million. Monolithic Power Systems had a net margin of 24.41% and a return on equity of 22.31%. The business’s quarterly revenue was up 47.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.21 earnings per share. On average, research analysts expect that Monolithic Power Systems, Inc. will post 20.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio is presently 49.05%.

Insider Buying and Selling at Monolithic Power Systems

In related news, Director Jeff Zhou sold 486 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $1,680.00, for a total value of $816,480.00. Following the transaction, the director owned 3,800 shares in the company, valued at approximately $6,384,000. The trade was a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Saria Tseng sold 7,565 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the transaction, the executive vice president owned 144,218 shares in the company, valued at approximately $245,170,600. This trade represents a 4.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,111 shares of company stock valued at $40,432,497 in the last ninety days. Insiders own 3.60% of the company’s stock.

Key Headlines Impacting Monolithic Power Systems

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: An earnings-call recap pointed to a robust upswing, likely supported by continued demand for power-management semiconductors from artificial-intelligence and data-center customers. MPWR recently reported quarterly revenue growth of 47.6% and earnings well above analyst expectations. Monolithic Power Systems Earnings Call Signals Robust Upswing
• Positive Sentiment: One analyst upgraded MPWR to Buy, citing a potential reset in enterprise-data expectations. That view suggests the market may be underestimating a recovery or acceleration in enterprise demand. Monolithic Power Systems: Upgrading To Buy On Enterprise Data Reset
• Positive Sentiment: Several analysts raised their price targets to $1,800, $1,889 and $2,100, signaling that some Wall Street estimates remain well above the recent trading level. Price Target Raised to $1,889 Price Target Raised to $1,800 Price Target Raised to $2,100
• Neutral Sentiment: Technical momentum improved after MPWR moved above its 20-day moving average, although the stock remains below its 50-day average, making the signal less conclusive. MPWR Crossed Above the 20-Day Moving Average
• Neutral Sentiment: Rosenblatt reiterated its Neutral rating, highlighting continued disagreement among analysts over whether the company’s growth outlook justifies its premium valuation. Neutral Rating Reiterated at Rosenblatt Securities
• Negative Sentiment: A contrarian analysis argued that investors should sell despite MPWR’s strong quarter, likely reflecting concerns about its roughly 82-times earnings valuation, high expectations and limited room for further upside if growth slows. Monolithic Power Systems: Why I’m Selling The Best Quarter

Wall Street Analysts Forecast Growth

MPWR has been the subject of a number of research reports. Zacks Research raised shares of Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 18th. Wells Fargo & Company raised their price objective on Monolithic Power Systems from $1,700.00 to $1,800.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Stifel Nicolaus boosted their price objective on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings downgraded Monolithic Power Systems from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Finally, TD Cowen increased their target price on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,705.82.

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.